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Intimation u/s 143(1)

Shilpa R (10 Points)

23 August 2017

We have received the notice u/s 143(1) in that they have provided the details as per asseesee and as per their calculations but both amounts in all cases are same.. there is no difference between our and their calculations then what is the purpose of sending notice.......????

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10 Replies

akash sharma (2 Points)
Replied 23 August 2017

143(1) refers to summary assessment. It is compulsory for the part of department to send 143(1) for each and every return.

Murali Nadarajah (179 Points)
Replied 23 August 2017

Your IT return has been processed successfully. If any refund due, you will receive it within 3 working days.

Take care of that intimation summary report for future references. You might need if you plan to apply for a loan or visa.

When did you file by the way?

Murali Nadarajah (179 Points)
Replied 23 August 2017

Your IT return has been processed successfully. If any refund due, you will receive it within 3 working days.

Take care of that intimation summary report for future references. You might need if you plan to apply for a loan or visa.

When did you file by the way?

Shilpa R (10 Points)
Replied 23 August 2017

Anything is required to do from our side. ???

Murali Nadarajah (179 Points)
Replied 23 August 2017

You are done and dusted so no need to respond to that intimation. For my information when did you file this return

Kiran. S (CTO) (745 Points)
Replied 23 August 2017

Make a income tax folder & AY2017-18 subfolder and keep a record. keep a backup in external hard drive.

You need to build a record of original ITR filed in XL/java. Save full return by down loading from returns already filed. down load X M L if not on ur desktop/laptop.

All documents 1) Xl/Java utility 2) XML file 3) Full Return 4) ITR 143(1) 5) computation of Income if prepared should be in AY 2017-18 return.

File return every year even if below taxable limits in future years.

venkat (CA ) (1518 Points)
Replied 23 August 2017

It's like a confirmation from department that return is approved

Shilpa R (10 Points)
Replied 24 August 2017

This intimation is related to A. Y 2016-17

Kiran. S (CTO) (745 Points)
Replied 24 August 2017

Ok save all the records. Keep back up in hard disks.

build History of IT returns

Yog Raj (Accountant) (155 Points)
Replied 27 August 2017

It simply means that the amount of salary or business income or income from other soures, deductions and taxes etc. which you have filled in ITR has been accepted as same by the ITD. If there is any change the amount shown in second colum will change. For example if you told that you paid tax of Rs. 10000 but in their record it is 8000, they will write 800 in second colum and raise a demand of Rs. 2000/-

If they have written same amount as filled you in ITR it means your filled in amounts are accepted as it is.